Ace Investor Mukul Agrawal Increases Stake to 1.91% in This Civil Construction Company, Which Secures Rs 2,917 Crore Order

The Indian equity markets are trading on a weak note on Friday, with the Nifty 50 at 23,936.90, down 236.15 points or 0.99 per cent. Broader markets are also under pressure, with the Nifty Smallcap 250 index declining 1.23 per cent to 16,388.80. Infrastructure stocks are witnessing selling pressure during the session. Amid this, Hindustan Construction Company's share price was trading at Rs 19.99, down Rs 0.62 or 3.01 per cent.

HCC Recent Order Win Update

HCC recently secured a major infrastructure contract worth approximately Rs 2,917 crore from CIDCO for a water infrastructure project in Maharashtra. The project has been awarded under a joint venture, with HCC’s share of work valued at around Rs 1,100 crore.

The scope includes construction of a 22.21 km raw water tunnel using TBM technology and development of a 250 MLD water treatment plant, along with long-term operation and maintenance.

HCC Shareholding Pattern Update

As per the latest shareholding data for March 2026, the company’s ownership structure remains largely public-driven. Promoters hold 16.72 per cent stake, which has remained broadly stable in recent quarters. Institutional participation shows mixed trends, with Foreign Institutional Investors (FIIs) increasing their stake to 10.92 per cent from 10.41 per cent in December 2025. On the other hand, Domestic Institutional Investors (DIIs) reduced their holding to 4.11 per cent from 4.76 per cent during the same period. The public shareholding stands at 68.24 per cent, reflecting a widely held stock with strong retail participation.

Notably, Ace Investor Mukul Mahavir Agrawal increased his stake from 1.68 per cent in December 2025 to 1.91 per cent in March 2026,

About HCC

Hindustan Construction Company Ltd is a leading infrastructure development company in India with a legacy of nearly 100 years. The company operates across key segments such as transportation, power, and water infrastructure, delivering complex engineering projects across domestic and international markets.

HCC has played a significant role in building India’s core infrastructure, having contributed to around 26 per cent of India’s hydropower capacity and 60 per cent of nuclear power generation capacity. The company has also executed large-scale projects including highways, tunnels, and bridges, showcasing strong technical expertise in complex construction projects. HCC has delivered a strong recovery from its 52-week low. The stock has surged around 46 per cent from its 52-week low of Rs 13.65 (March 30, 2026) and is currently trading near Rs 20 levels.

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Disclaimer: This article is for informational purposes only and not investment advice.